THREAD:
Employees vs Employers
The corporation you are employed by has a psychopathic level of indifference as to whether you live or die.
It is in your best interest for wages to be as high as possible, while it is in your employer’s best interest for wages to be as low as possible.
However, you must never be overtly hostile towards your employer.
In many relationships dependency is what governs the balance of power; whichever party needs the other less wields power over the other.
Employment relationships are the epitome of this.
If the employee were to suddenly quit their job, it would be a minor inconvenience for the employer.
As an employee, do what you can to maximize your employer’s dependency on you and minimize your dependency on them.
Be so useful that if you were to suddenly die in a car crash, your superiors would actually lose sleep over it.
The ultimate way to minimize your dependency on your employer is this; have a side business that generates enough profit to cover all your basic living expenses.
More from Business
Former CEO and future former Chairman of ATT RandaII Stephenson fun facts:
>>was chairman of Boy Scouts of America
>>was mentored by CarIos SIim
>>subsequently promoted to CFO of “southwestern bell company” (former name of ATT)
>>quickly resolved $30B in debt
>>is on CFR
😲
https://t.co/wWjV2t3bVB
And he worked for Bush telecoms ? Damn. This is a jackpot
I’m guessing This expIosion wasn’t just some expIosion
https://t.co/s0i05aaWXt
Silver lake
Silver Lake Senior Leadership
https://t.co/YLaUtP8lQa
>>was chairman of Boy Scouts of America
>>was mentored by CarIos SIim
>>subsequently promoted to CFO of “southwestern bell company” (former name of ATT)
>>quickly resolved $30B in debt
>>is on CFR
😲
https://t.co/wWjV2t3bVB
And he worked for Bush telecoms ? Damn. This is a jackpot
I’m guessing This expIosion wasn’t just some expIosion
https://t.co/s0i05aaWXt
Silver lake
Silver Lake Senior Leadership
https://t.co/YLaUtP8lQa
A solo media founder like Rogan or Mr Beast can make as much money as a strong tech founder, with significantly less managerial stress.
Tech created this ecosystem but there’s a historical cultural bias in tech towards media as unprofitable. That changed a long time ago.
Many more angels that invest in people will invest in media founders. Many traditional media people will *become* media founders.
But not necessarily big companies. Just solo individuals or small groups doing content, like Notch doing Minecraft. Because media scales like code.
Increasingly feeling like “keeping the team size as small as possible, even to one person” is the unarticulated key to making media profitable.
Substack and all the creator tools are just the start of this ecosystem.
The process of converting social influencers into media founders (a trend that has been going on for 10+ years at this point) will be increasingly streamlined.
V1 is link-in-bio, Substack, and sponcon.
V2 likely involves more angels & tokenization a la @tryrollhq. What else?
Why lack of awareness? Influencer monetization numbers are not as public as tech numbers.
There isn’t a TechCrunch & CrunchBase for media founders, chronicling the valuations of influencers.
But that’d be quite valuable. If you are interested in doing this, please DM with demo.
Tech created this ecosystem but there’s a historical cultural bias in tech towards media as unprofitable. That changed a long time ago.
Many more angels that invest in people will invest in media founders. Many traditional media people will *become* media founders.
But not necessarily big companies. Just solo individuals or small groups doing content, like Notch doing Minecraft. Because media scales like code.
Increasingly feeling like “keeping the team size as small as possible, even to one person” is the unarticulated key to making media profitable.
Substack and all the creator tools are just the start of this ecosystem.
Useful concept: the media stack for content creators
— balajis.com (@balajis) January 20, 2020
- Spotify, iTunes for podcasts
- Descript for podcast editing
- Figma, Canva for graphics
- YouTube for video
- Twitter, FB for distribution
- Substack for newsletters
- Makerpad for nocode
- Ghost, Medium for blog
What else?
The process of converting social influencers into media founders (a trend that has been going on for 10+ years at this point) will be increasingly streamlined.
V1 is link-in-bio, Substack, and sponcon.
V2 likely involves more angels & tokenization a la @tryrollhq. What else?
Why lack of awareness? Influencer monetization numbers are not as public as tech numbers.
There isn’t a TechCrunch & CrunchBase for media founders, chronicling the valuations of influencers.
But that’d be quite valuable. If you are interested in doing this, please DM with demo.